2023
Exports
$22.4MWorld Rnk 28 / 177
Flag Rnk 320 / 1200
2023
PRODUCT COMPLEXITY IN Woodworking machines
1.29Rnk 81 / 1025
2023
Imports
$61.4MWorld Rnk 31 / 217
Flag Rnk 254 / 1211
2023
ECONOMIC COMPLEXITY of Slovakia
1.35Rnk 15 / 132

About

Exports In 2023, Slovakia exported $22.4M in Woodworking machines, making it the 28th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 320th most exported product in Slovakia. The main destination of Woodworking machines exports from Slovakia are: Hungary ($3.82M), France ($3.44M), Germany ($2.32M), Romania ($1.89M), and Austria ($1.88M).

The fastest growing export markets for Woodworking machines of Slovakia between 2022 and 2023 were Hungary ($3.3M), Romania ($1.86M), and Italy ($843k).

Imports In 2023, Slovakia imported $61.4M in Woodworking machines, becoming the 31st largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 254th most imported product in Slovakia. Slovakia imports Woodworking machines primarily from: Germany ($17M), Italy ($10.3M), Czechia ($8.09M), China ($5.66M), and Hungary ($5.02M).

The fastest growing import markets in Woodworking machines for Slovakia between 2022 and 2023 were Germany ($5.42M), Italy ($5.36M), and Hungary ($4.99M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Woodworking machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$22.4M
IMPORTS (2023)$61.4M
NET TRADE (2023)-$39M

In 2023, Slovakia exported $22.4M in Woodworking machines. The main destinations of Slovakia exports on Woodworking machines were Hungary ($3.82M), France ($3.44M), Germany ($2.32M), Romania ($1.89M), and Austria ($1.88M).

In 2023, Slovakia imported $61.4M in Woodworking machines, mainly from Germany ($17M), Italy ($10.3M), Czechia ($8.09M), China ($5.66M), and Hungary ($5.02M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Slovakia WERE (2022 - 2023):
Hungary$3.3M (634%)
Romania$1.86M (5.84k%)
Italy$843k (544%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Slovakia WERE (2022 - 2023):
Belarus-$1.07M (-96.9%)
Russia-$655k (-88.3%)
Belgium-$531k (-22.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovakia's main exporting competitors in Woodworking machines were:
China $2.22B
Germany $1.75B
Italy $1.23B
In 2023, Slovakia's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.53M
TOP IMPORT POTENTIALAustria+ $2.82M

Woodworking machines’s highest export potential is Germany. With an export gap of $1.53M.   Woodworking machines’s highest import potential is Austria with an import gap of $2.82M.

See methodology.

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